(Picture: PA Wire)
Thousands of London pubs, restaurants, shops and other small high street retailers will be protected by government plans to overhaul business rates in a five-year scheme worth almost £14 billion, business groups said on Thursday.
Jeremy Hunt confirmed in the Autumn Statement that the government will revalue properties on which the tax is set, but said the relief plan would mean almost two-thirds of businesses would not have to pay more for the lifetime of the measures.
